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The global aluminium market is facing a significant supply shock, described as a "black swan" event, due to disruptions from the Middle East conflict, which may lead to a minimum deficit of 2 million tons this year and has already driven prices to a four-year high. #Aluminium #SupplyChain #MarketTrends #IL #US #CN #EU
www.reuters.com
Aluminium faces 'black swan' supply shock, Mercuria says
LAUSANNE, Switzerland, April 21 (Reuters) - The global aluminium market is experiencing a "black swan" event as disruptions due to the Middle East war trigger a supply shock that will lead to major shortages this year, according to the top metals analyst at commodity trader Mercuria.
